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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Jul. 31, 2020
Schedule of Cash and Cash Equivalents
    July 31, 2020     April 30, 2020  
    (in thousands)  
             
Checking and savings accounts   $ 2,002     $ 1,551  
Money market account     9,063       8,451  
    $ 11,065     $ 10,002  
Schedule of Cash and Cash Equivalents and Restricted Cash

Restricted cash includes the following:

 

    July 31, 2020     April 30, 2020  
    (in thousands)  
             
Santander Bank     928       928  
    $ 928     $ 928  
Schedule of Revenue by Major Customers by Reporting Segments

The table below shows the percentage of the Company’s revenues derived from customers whose revenues accounted for at least 10% of the Company’s consolidated revenues for at least one of the periods indicated:

 

    Three months ended July 31,  
    2020     2019  
             
Eni S.p.A.     17 %     14 %
Premier Oil UK Limited     16 %     47 %
EGP     67 %     0 %
U.S. Navy     0 %     26 %
Other     0 %     13 %
      100 %     100 %
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The following table summarizes share-based compensation related to the Company’s share-based plans by expense category for the three months ended July 31, 2020 and 2019:

 

    Three months ended July 31,  
    2020     2019  
    (in thousands)  
             
Engineering and product development   $ 37     $ 20  
Selling, general and administrative     79       72  
Total share-based compensation expense   $ 116     $ 92  
Restricted Cash [Member]  
Schedule of Cash and Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Statement of Financial Position that sum to the total of the same such amounts shown in the Statement of Cash Flows.

 

    July 31, 2020     April 30, 2020  
    (in thousands)  
             
Cash and cash equivalents   $ 11,065     $ 10,002  
Restricted cash- short term     707       707  
Restricted cash- long term     221       221  
    $ 11,993     $ 10,930